The transfer registration fee is a Queensland-based government charge payable to the titles office when the transfer document (document changing the property from the seller to the buyer) is filed for registration. It is also based on the purchase price of the property but there are no concessions available. Call us to obtain a calculation of the amount.
The Department of Environment and Natural Resources is responsible for transfer registration fee collection and the changing of the name into the new owner. They also are the body that notifies the council of the change of ownership and of the new owner's address. Therefore it is important you provide clear instructions on where you as the buyer is going to reside after settlement to ensure you will receive the rates bills for payment, otherwise you could be hit with interest and other charges if they are sent to an incorrect address.